LiteFinance Predicts Price Movements for Bitcoin, Ripple, and Ethereum

Financial analysts at LiteFinance have published a short-term analysis for major cryptocurrencies, predicting price movements based on Elliott Wave theory.

The report covers Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH) and provides trading plans for each asset.

For BTCUSD, the forecast suggests that the price will continue to rise in a bullish correction, reaching 82,336.26 before reversing trend. A buy signal is given at 76,410.00 with a take profit at 82,336.26.

XRPUSD is also expected to rise, with the asset developing a large bearish correction forming as a triple zigzag W-X-Y-XX-Z. The price will likely reach 1.694 before reversing trend. A buy signal is given at 1.287 with a take profit at 1.694.

Ethereum (ETHUSD) is expected to rise in the fifth part of a bullish impulse, reaching 2,663.34. A buy signal is given at 2,442.32 with a take profit at 2,663.34.